PGCIL to merge 17 TBCB subsidiaries into two entities

Power Grid Corporation of India Limited (PGCIL) has proposed the merger of 17 Inter-State Transmission System (ISTS) subsidiaries, set up under the Tariff Based Competitive Bidding (TBCB) route, into two existing TBCB subsidiaries.

Under Part 1 of the plan, five subsidiaries will be amalgamated into Vataman Transmission Limited. These include:

• Bhadla III Transmission Limited
  
  
• Ramgarh II Transmission Limited
  
  
• Beawar Dausa Transmission Limited
  
  
• Bikaner III Neemrana Transmission Limited
  
  
• Sikar Khetri Transmission Limited (SKTL)
  
  

Under Part 2, twelve subsidiaries will be merged into Bidar Transmission Limited (BTL). These are:

• Khavda II-B Transmission Limited
  
  
• Khavda RE Transmission Limited
  
  
• KPS2 Transmission Limited
  
  
• KPS3 Transmission Limited
  
  
• ERWR POWER Transmission Limited (EPTL)
  
  
• Raipur Pool Dhamtar Transmission Limited
  
  
• Dharamjaigarh Transmission Limited
  
  
• Bhadla Sikar Transmission Limited (BSTL)
  
  
• Ananthpuram Kurnool Transmission Limited
  
  
• Neemrana II Bareilly Transmission Limited
  
  
• Koppal II Gadag II Transmission Limited (KIIGIITL)
  
  
• Khavda II-C Transmission Limited
  
  

The restructuring is designed to simplify the corporate structure of PGCIL’s TBCB operations.